Guaranteed Rate Affinity Taps Top Producer Tony Alencar to Build California Presence
July 13, 2021 (SAN FRANCISCO) – Guaranteed Rate Affinity, a mortgage origination joint venture between Guaranteed Rate and Realogy Holdings Corp. (NYSE: RLGY), has named Tony Alencar as a Senior Vice President of Mortgage Lending in San Francisco to build on the company’s growing presence throughout the state.
“We are thrilled to welcome Tony to Guaranteed Rate Affinity,” said Jonathan Engler, a Divisional Manager of Mortgage Lending for Guaranteed Rate Affinity. “He is an incredible, hard-working loan officer with in-depth knowledge of San Francisco’s unique housing market and one of California’s top producers. We’re looking forward to working with Tony as we expand our operations and serve even more homebuyers across the state.”
Alencar joins Guaranteed Rate Affinity with more than two decades of mortgage industry experience in the San Francisco market. He consistently ranks as one of the country’s top producing loan officers and funded $109 million in 2019 and over $113 million in loans in 2020 alone.
“During an unprecedented time, Guaranteed Rate Affinity has experienced tremendous growth throughout California,” said Gurp Bhandal, California Market Leader for Guaranteed Rate Affinity. “This growth in only possible because of the unstoppable team we’ve built here. Tony is the perfect addition to this team, and I can’t wait to see what we will accomplish with him on board.”
Alencar’s move to Guaranteed Rate Affinity comes after a record-breaking year, in which the company doubled its total loan volume to more than $13.4 billion and increased its workforce to over 1,500 employees nationwide.
“I’m very excited to announce my move to Guaranteed Rate Affinity,” said Alencar. “Over the past 21 years, I have enjoyed serving my clients with the best possible loan experience. Guaranteed Rate Affinity’s innovation and cutting-edge technology will allow me to help even more borrowers in this exciting and fast-paced market.”
To learn more, please visit: grarate.com/tonyalencar
About Guaranteed Rate Affinity
Guaranteed Rate Affinity is a joint venture between Guaranteed Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), which has funded more than $100 billion since its inception. Guaranteed Rate Affinity is also partnered with Realogy Holdings Corp., which owns some of the most recognized and respected real estate brands in the industry. Guaranteed Rate Affinity originates and markets its mortgage lending services to Realogy’s real estate, brokerage and relocation subsidiaries. Guaranteed Rate Affinity provides unmatched support to Realogy brokers coast-to-coast, assuring their customers receive fast pre-approvals, appraisals, and loan closings, creating the ability for buyers to move quickly and confidently when purchasing homes in today’s competitive market. The company also provides the same services to the public and other real estate brokerage and relocation companies across the country – helping employers improve their employees’ relocation experience by putting the customer first, providing the customer the ease and security of digital mortgages and offering low rates with loans personalized to each customer’s needs. Guaranteed Rate owns a controlling 50.1% stake of Guaranteed Rate Affinity and Realogy owns 49.9%. Visit grarate.com for more information.